Featured News
UN Urges Gulf Nations to Evacuate 6,000 Seafarers
The United Nations has urged Gulf countries and maritime stakeholders to help evacuate about 6,000 seafarers stranded across the Strait of Hormuz and nearby waters.
Saipem Secures €800 Million Contracts in Ivory Coast and Italy
Saipem has secured contracts worth approximately €800 million for Baleine Phase 3 offshore Ivory Coast and a new unit at Enilive’s Venice biorefinery.
Chinese Shipyards Record 173% Surge in H1 2026 Newbuilding Orders
Chinese shipbuilders recorded a 173% rise in newbuilding orders by tonnage in the first half of 2026, exceeding the previous full-year all-time record.
Hanwha Ocean, HD KSOE and Samsung Heavy Expand U.S. Shipbuilding Cooperation
Hanwha Ocean, HD KSOE and Samsung Heavy Industries are expanding U.S. cooperation in naval ship design, digital shipyards, autonomous vessels, workforce training and supply chains.
Expro Completes NOK 2 Billion Enhanced Drilling Acquisition
Expro has completed its NOK 2 billion acquisition of Enhanced Drilling, adding managed pressure drilling, controlled mud level drilling and riserless mud recovery capabilities.
Saipem-Subsea 7 Merger Enters EU Phase II Investigation
The European Commission has opened a Phase II investigation into the proposed EUR 21 billion Saipem-Subsea 7 merger over competition concerns in the market for SURF services.
DOF Sells Four PSVs and Acquires Two CSVs Under Construction
DOF will sell four PSVs, acquire two CSVs under construction and receive a $115 million insurance payment after declaring Skandi Amazonas a constructive total loss.
COSCO Orders Eight 60,000 dwt Heavylift Ships at Chengxi
COSCO Shipping Specialised Carriers will invest up to RMB2.624 billion in eight 60,000 dwt heavylift vessels at CSSC Chengxi Shipyard for offshore wind equipment and project cargo transport.
Saipem Wins $260 Million Côte d’Ivoire Contract for Santorini
Saipem has secured a $260 million contract from Eni Côte d’Ivoire Limited for a long-term drilling campaign using the Santorini drillship from early 2027.
